The Saudi Arabia Capital Markets Authority issued a resolution approving the public offer, by Alistithmar for Financial Securities and Brokerage Company, of the Alistithmar Capital Parallel Market Companies Fund (Nomu). The authority emphasised that its approval is not a recommendation to subscribe, but confirms that the legal requirements under the Capital Market Law and its Implementing Regulations have been met. It also warned that investing without carefully reading and fully reviewing the fund’s Terms and Conditions may involve high risk, and advised investors to review the document’s information on the fund, its investment strategy and risk factors, and to consult the fund manager if any parts are unclear.
Saudi Arabia Capital Markets Authority 2025-05-14
Saudi Arabia Capital Markets Authority approves public offering of Alistithmar Capital Parallel Market Companies Fund (Nomu)
The Saudi Arabia Capital Markets Authority approved Alistithmar for Financial Securities and Brokerage Company's public offer of the Alistithmar Capital Parallel Market Companies Fund (Nomu). The authority clarified that this approval is not a subscription recommendation but confirms compliance with legal requirements. Investors are advised to review the fund's Terms and Conditions and consult the fund manager for clarifications.